2022 NGN to SBD Historical Review

YEARLY HIGH

0.0198 SBD

YEARLY LOW

0.0183 SBD

YEARLY AVERAGE

0.0192 SBD

2022 NGN to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NGN to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 0.0198. Conversely, the yearly low was recorded on December 19, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0015 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0185, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0198 was down 7.29% compared to the 2021 peak of 0.0214, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 19,841 SBD

2021 Average 19,905 SBD

Yearly Trough Low 18,292 SBD

Transaction Impact: A difference of 1,548.71 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0197

0.0184

JanuMarcMayJulySeptNove

NGN to SBD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0194, compared to 0.0190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0194

H2 Avg (Jul–Dec) 0.0190

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0009 SBD (High: 0.0196 / Low: 0.0187). On the other end, March was the most stable month, with a tight range of 0.0002 SBD (High: 0.0194 / Low: 0.0193).

September Spread (Volatile) ±0.0009

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 0.0196) against the same month in 2021 (average: 0.0196), the exchange rate shifted by -0.0000 (-0.02%).

2022 Avg (August) 0.0196

2021 Avg (August) 0.0196

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0197	0.0194	0.0195
February	0.0195	0.0193	0.0194
March	0.0194	0.0193	0.0193
April	0.0194	0.0192	0.0193
May	0.0196	0.0193	0.0195
June	0.0197	0.0193	0.0195
July	0.0197	0.0192	0.0195
August	0.0198	0.0193	0.0196
September	0.0196	0.0187	0.0191
October	0.0189	0.0186	0.0188
November	0.0189	0.0185	0.0186
December	0.0186	0.0183	0.0185